US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power […]
Roman Bilousov: Are China’s Oil, Coal, and Iron Ore Imports a Sign of Strength or Concern?
News coming out of China indicates the country set new records in 2023 for the import of crude oil, coal, and iron ore. The revelation […]
Bankrupt Oil Trader and Owner Sue the UAE and Others in Fraud Claim
The UAE, its president, oil firm ADNOC, a Swiss-based private investigation firm and others are being sued for $2.8 billion from bankrupt oil firm Lord […]
Surging Electricity Demand Increases the Risk of Blackouts in the US
Back in the middle of 2023, the International Energy Agency reported that electricity demand is on the decline in advanced economies. The IEA said at […]
China’s thermal coal imports jump, crowding out India – Roman Bilousov
China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades […]
China, Malaysia are shaping agricultural trade future
Chinese Premier Li Qiang, on Sunday, met with Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in Nanning, the capital of south China’s Guangxi Zhuang Autonomous […]
Fitch raised its forecasts for iron ore and coking coal prices – Roman Bilousov
The international rating agency Fitch Ratings has revised its forecast for iron ore prices in 2023 upwards to $110/t compared to $105/t in the previous […]
Roman Bilousov: Coal Use In Europe Rises In Shocking Reversal
In 2022, coal comprised 26.7% of the world’s primary energy consumption. That was behind oil (31.6%), but ahead of natural gas (23.5%). However, coal was […]
Roman Bilousov: China’s thermal coal imports rise amid domestic price, output woes
China’s imports of thermal coal are expected to have ticked higher in August as seaborne prices for the power-generation fuel remain competitive amid constrained domestic […]
Mongolia’s Mining Boom Is Helping It Go Green
High commodity prices and rising coal exports are propelling economic growth in Mongolia, allowing the country to develop its robust mineral resources, expand its services […]